Day Trading Futures

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Dear TDT,


Yes today was gap up opening but look at first 5 min bar.......that bar broke the yesterday high and then closes below yesterday high so here is BOF of yesterday high by that first 5 min bar and here correct trade was short below this first 5 min bar low with SL of that bar high.....:)




HEM
absolutely right sir. thanks..
 
STbro, awesome day today :D. I entered after break of first candle high and exited only after 3:10 candle completed :D.

Love such days. And there are always people who prick others to motivate them, its not your fault then why worry ST. Everyone knows who ST, Pratap, Saint is and we are deeply thankful for that. I can never imagine current trading results without reading both of your TDSTthreads.

Everyday is a new learning they say, and it has been true for me since I realized the hardcore realities of this profession. You know there is one competition called trade mogul which is conducted by a reputed organization in six different countries. Last month it was for Israel. I participated in that competition, traded the same strategies that I use for day trading the BNF. I came rank 25th in that competition and there was only one loosing day the whole series. I joined the competition one week late otherwise would have climbed up the ladder in ranking.

I have heard my cousin say, markets are forests, indian market and australian markets are different forests, but a same hunting tool can be used to get your game. I tried that and it worked.So, indeed one strategy, which is kept refined and small adjustments as per markets can be used anywhere in the world. Love your way of simply explaining complex things. If you get time you write a book ST, we need a John Carter from our own country and you are the one who can do it among very few which includes Pratap and Saint :clap:
Hi Tlahuicole,
Read your post in day trading futures thread and congrats for you good rank in trade mogul.
About me:
I am a pure system trader doing well as of now but have tries the strategies in my diff markets, they donot seem to work as dynamics are really different. I was hence thinking to learn the art of price action trading.
I am saying this before you coz i am of the same age group as you are and probably with same amount of trading experience, So there would be no inhibitions.

I have quite a few options in mind:
1) read al brooks
2) read the vwap trading style by pratap
3) read nifty nirvana

Plz suggest how did you go about it and what would help me the most.

This query is not aimed at Tlahuicole only, seniors willing to guide can also share their views.

Thanks,
Purusharth
 

XRAY27

Well-Known Member
Hi Tlahuicole,
Read your post in day trading futures thread and congrats for you good rank in trade mogul.
About me:
I am a pure system trader doing well as of now but have tries the strategies in my diff markets, they donot seem to work as dynamics are really different. I was hence thinking to learn the art of price action trading.
I am saying this before you coz i am of the same age group as you are and probably with same amount of trading experience, So there would be no inhibitions.

I have quite a few options in mind:
1) read al brooks
2) read the vwap trading style by pratap
3) read nifty nirvana

Plz suggest how did you go about it and what would help me the most.

This query is not aimed at Tlahuicole only, seniors willing to guide can also share their views.

Thanks,
Purusharth
Let me add two bytes ...iam a trader (full time) since 2007...in my experience price action is the ultimate..any other indicators can be added for confidence...

As far as TJ is concerned........ for Price action there is thread by Avny sir...

offcourse you can read albrooks YTC etc...nifty nirvana is part of YTC...

Pratap vwap is also good provided you frame in the concept to expert level

For earning in market...stick to a setup that is most important which should address the market condition..

ST da thread on trading oscillator... is also good :)
 
I took efforts and posted for mankind...but hope no new ( and innocent ) trader is getting misled and fooled by my posts....most must have made money even after the chart was posted.....all for mankind...:)

Smart_trade
ST bro.....You are not only ROYAL BENGAL tiger in this forum...don't post random.....start a thread......after that you can Justified the word of MANKIND :thumb:
 
Rajbhai is talking like sonika :D jst joking
My way of posting and Rajbhai's way are different. I prefer posting the reasons and analysis of why I say a particular thing. Rajbhai gives the targets....I dont believe in targets...I believe in trading from long side as long as the uptrend lasts so my target is anything....6800/6900/7200 or even more and then when it reverses I will trade from short side as no trend lasts forever....

Different individuals...different way of approaching the market.

Smart_trade
 
ST bro.... knows all these thing............I am his big fan.....but not his student....:thumb:
Are muze apna student bana lo sir.....will be happy to learn from you.

ST
 
My way of posting and Rajbhai's way are different. I prefer posting the reasons and analysis of why I say a particular thing. Rajbhai gives the targets....I dont believe in targets...I believe in trading from long side as long as the uptrend lasts so my target is anything....6800/6900/7200 or even more and then when it reverses I will trade from short side as no trend lasts forever....

Different individuals...different way of approaching the market.

Smart_trade
Ok no issue you carry on.....but you should update daily, as you are a MODERATOR we have lots of expectation..from you.....random post not helping us....like me......other's I don't know.....:thumb:
 
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